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Inflation in Singapore will stay high next year even as pace of economic growth slows: MAS
Aggregated Source: ChinaLegalBlog.com

SINGAPORE – Singapore is headed for a troubling year in which economic growth will slow while inflation will remain elevated, in part because wage increases are expected to continue.

Global prices may come off their recent peaks but inflation here will remain higher next year than the historical average, said the Monetary Authority of Singapore (MAS) on Thursday in its biannual Macroeconomic Review.…

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